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    5702 12 Mile Rd Warren, MI 48092

    Sponsored
    For Sale
    $1,290,000

    Fully equipped, high-traffic restaurant with liquor license.

    Property size:
    6,885 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 6,885-square-foot restaurant presents a unique investment opportunity in Warren, Michigan. Strategically located across from the General Motors World Headquarters and a Meijer's Shopping Center, this property enjoys unparalleled visibility and access to a substantial customer base. The building boasts a fully equipped and furnished interior, ready for immediate operation. A significant advantage is the inclusion of a readily transferable liquor license, a valuable asset for continued success in the food and beverage industry. The property features convenient double access points, one from 12 Mile Road and another from Mound Road, ensuring easy ingress and egress for both customers and suppliers. Ample parking is available on-site, accommodating a large number of vehicles. The expansive 1.97-acre lot provides significant potential for future expansion or development. This turnkey operation is ideally suited for an experienced restaurateur seeking a well-established business with high growth potential in a prime location. The combination of its prime location, existing infrastructure, and liquor license makes this a truly exceptional opportunity. Serious inquiries only.

    Property Features for 5702 12 Mile Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    6,885 SF
    Lot Size
    85,813 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.04906
    Latitude
    42.5056

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    FAQs

    What type of property is this?
    Industrial property - Fully equipped, high-traffic restaurant with liquor license.
    Where is this industrial property located?
    The property is located at 5702 12 Mile Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $1,290,000.
    (586) 489-0149
    Request Owner's contact information
    5702 12 Mile Rd Warren, MI 48092
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    Warren, MI 48092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5702 12 Mile Rd Warren, MI 48092
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